Symmetry Partners LLC trimmed its holdings in shares of Exelon Co. (NYSE:EXC) by 60.8% during the 3rd quarter, Holdings Channel reports. The fund owned 8,710 shares of the energy giant’s stock after selling 13,509 shares during the period. Symmetry Partners LLC’s holdings in Exelon were worth $421,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Exelon by 0.4% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 48,412 shares of the energy giant’s stock worth $2,339,000 after purchasing an additional 212 shares during the last quarter. Trust Co. of Toledo NA OH raised its position in Exelon by 0.7% during the second quarter. Trust Co. of Toledo NA OH now owns 33,723 shares of the energy giant’s stock valued at $1,616,000 after purchasing an additional 218 shares in the last quarter. Hanseatic Management Services Inc. raised its position in Exelon by 7.1% during the second quarter. Hanseatic Management Services Inc. now owns 3,660 shares of the energy giant’s stock valued at $175,000 after purchasing an additional 243 shares in the last quarter. Hoover Financial Advisors Inc. raised its position in Exelon by 5.8% during the second quarter. Hoover Financial Advisors Inc. now owns 4,463 shares of the energy giant’s stock valued at $214,000 after purchasing an additional 245 shares in the last quarter. Finally, FinTrust Capital Advisors LLC raised its position in Exelon by 7.5% during the third quarter. FinTrust Capital Advisors LLC now owns 3,527 shares of the energy giant’s stock valued at $170,000 after purchasing an additional 245 shares in the last quarter. Institutional investors own 78.99% of the company’s stock.

Shares of Exelon stock traded down $0.02 during trading on Friday, hitting $44.68. The company’s stock had a trading volume of 247,345 shares, compared to its average volume of 5,607,875. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.90 and a quick ratio of 0.77. Exelon Co. has a 52 week low of $43.10 and a 52 week high of $51.18. The stock has a market cap of $43.55 billion, a price-to-earnings ratio of 14.33, a price-to-earnings-growth ratio of 4.50 and a beta of 0.26. The stock has a 50-day moving average price of $46.80 and a two-hundred day moving average price of $47.76.

Exelon (NYSE:EXC) last issued its quarterly earnings data on Thursday, October 31st. The energy giant reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. Exelon had a net margin of 6.43% and a return on equity of 8.47%. The company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $8.70 billion. During the same quarter in the previous year, the firm posted $0.88 earnings per share. Exelon’s revenue for the quarter was up 16.4% on a year-over-year basis. On average, equities analysts predict that Exelon Co. will post 3.14 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th will be given a dividend of $0.3625 per share. The ex-dividend date is Thursday, November 14th. This represents a $1.45 dividend on an annualized basis and a yield of 3.25%. Exelon’s dividend payout ratio (DPR) is currently 46.47%.

Several brokerages have commented on EXC. UBS Group boosted their price objective on shares of Exelon from $53.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 6th. ValuEngine cut shares of Exelon from a “buy” rating to a “hold” rating in a research note on Tuesday, July 23rd. Mizuho decreased their target price on shares of Exelon from $49.00 to $47.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 16th. Wells Fargo & Co set a $54.00 target price on shares of Exelon and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Credit Suisse Group decreased their target price on shares of Exelon from $51.00 to $50.00 and set an “outperform” rating on the stock in a research note on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Exelon presently has an average rating of “Buy” and a consensus price target of $52.00.

About Exelon

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

See Also: Retained Earnings

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Institutional Ownership by Quarter for Exelon (NYSE:EXC)

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